Changes in Beneficial Ownership · 4
BOXABL Inc.
Changes in Beneficial Ownership
Structured filing — 4
ownership.xml
Filing details
- Report period
- 2026-05-05
- Issuer
- BOXABL Inc.
- Issuer CIK
- 0001816937
- Trading symbol
- BOX
Reporting owner 1
- Name
- Davis Morris A.
- Reporting owner CIK
- 0001432824
- Relationship
- Director
- Address
- 5345 E. N. BELT ROAD, NORTH LAS VEGAS, NV, 89115
Derivative transactions
| Security | Conversion / exercise price (USD) | Transaction date | Code | Amount | A / D | Price (USD) | Exercisable | Expires | Underlying security | Underlying shares | Owned after | Ownership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units | [F1] | 2026-05-05[F2] | A · Form 4 | 312,500 | A | [F5] | [F3] | [F4] | Common Stock, par value $0.00001 | 312,500[F1] | 312,500 | D |
Table key
- A · Form 4
- Acquisition by grant, award or otherwise under Rule 16b-3(d)
- A
- Acquired
- D
- Direct
Footnotes
- F1
- Each Restricted Stock Unit ("RSU") represents the right to receive, upon vesting, one share of Common Stock under the Plan.↩ 1↩ 2
- F2
- Represents the date that the Issuer and the Reporting Person executed the Restricted Stock Unit Agreement under the BOXABL Inc. Amended 2021 Stock Incentive Plan (the "Plan"). The RSUs have an effective grant date of January 1, 2026.↩ 1
- F3
- The RSUs were granted with an effective grant date of January 1, 2026; become eligible to vest in four installments every three months beginning on the three-month anniversary of the effective grant date; and, thereafter, the RSU will vest upon the earliest of (i) the date on which the Reporting Person's service as a director of the Issuer terminates due to the Reporting Person's death or disability, (ii) the date of the closing of a transaction (or series of transactions) that results in a Change of Control (as defined in the Plan) provided that such transaction (or series of transactions) constitutes a "change in control event" as define in Section 409A of the Code and the regulations thereunder, and (iii) the first trading day that is on or after the expiration of the "lock up" period after the effective date of the initial underwritten sale of the Issuer's equity securities to the public on an established securities market.↩ 1
- F4
- If, prior to the RSUs vesting, the Reporting Person's service as a director terminates for any reason other than death or disability, the Reporting Person will forfeit all RSUs, including all RSUs that have become eligible to vest but have not vested (as discussed in Note 3 above) and the Restricted Stock Unit Agreement will be cancelled.↩ 1
- F5
- The RSUs were received as a grant for no consideration.↩ 1
Signature 1
- Signed
- /s/ Martin Noe Costas, as Attorney-in-Fact for the Reporting Person pursuant to a Power of Attorney filed on December 17, 2025.
- Date
- 2026-05-07
Company context
BOXABL is transforming the housing market with its modular building systems designed to deliver affordable, high-quality homes at unprecedented speed. Founded in 2017, BOXABL’s innovative approach has attracted worldwide attention as it aims to solve housing challenges for individuals and communities alike. BOXABL’S flagship product, the Casita, is a 361 square foot studio unit with a full kitchen, bathroom, and utilities. The Casita unfolds on-site in less than an hour and is manufactured inside BOXABL’s facilities. BOXABL also has announced the Baby Box, a smaller 120 square foot unit built to RV code, intended for simpler, no foundation-setups. BOXABL is also developing stackable and connectable box models that can be combined to form townhomes, multifamily units, or larger single-family homes.